-The Economic Times The Union Cabinet has okayed a new price-control formula for pharmaceuticals, which seeks to cap prices at the arithmetic average of all drugs with more than 1% market share in any therapeutic segment that is to be brought under price control. Given that the existing system of fixing prices of select drugs is on the basis of costs, which is rigid, intrusive and prone to manipulation as well,...
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India's GM Food Hypocrisy -Henry I Miller
-The Wall Street Journal While modern crop engineering faces endless red tape, more slipshod cross-breeding gets a free pass. India has enjoyed signal successes with genetic engineering in agriculture. But today the nation's relationship with this critical biotechnology is in total disarray, the victim of activists' scaremongering and government pandering. Delhi should know better. Following the adoption of the genetically improved varieties and intensive crop management practices of the Green Revolution, from 1960...
More »Thawing of permafrost to be ‘major factor’ in global warming, warns UN report
-The United Nations Massive stores of carbon trapped under the northern hemisphere’s frozen expanses risk being unleashed and significantly contributing to global warming should thawing of the region’s permafrost continue to accelerate, a United Nations report warned today. Released on the sidelines of the UN Climate Change Conference in the Qatari capital of Doha, the UN Environment Programme (UNEP) report – Policy Implications of Warming Permafrost – underlines the potential hazards facing...
More »Why not levy 25% green tax on diesel cars, Supreme Court asks -Dhananjay Mahapatra
-The Times of India The Supreme Court on Monday sought the Centre's response to a radical plea for collection of 25% of the cost of a diesel car or SUV sold in the National Capital Region as green tax at the time of its purchase to deter people from buying more polluting personal vehicles and help fight the growing levels of pollution in Delhi. The court also sought the Union government's response...
More »Bad air quality in Delhi a health risk: Government
-PTI Deteriorating air quality in the national capital could be a reason for serious health risk, government today said but maintained that there is no conclusive data to establish it. Environment Minister Jayanthi Natarajan also informed the Rajya Sabha that the Central Pollution Control Board (CPCB) is Monitoring air quality in Delhi and steps have been taken to control environmental pollution. Noting that health effects, such as manifestation of respiratory ailments, could be...
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